Lindenwold Advisors INC Decreases Stock Holdings in Williams-Sonoma, Inc. (NYSE:WSM)

Lindenwold Advisors INC lessened its holdings in Williams-Sonoma, Inc. (NYSE:WSM) by 4.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,926 shares of the specialty retailer’s stock after selling 198 shares during the period. Lindenwold Advisors INC’s holdings in Williams-Sonoma were worth $727,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of WSM. Smithfield Trust Co raised its position in shares of Williams-Sonoma by 100.0% during the 3rd quarter. Smithfield Trust Co now owns 160 shares of the specialty retailer’s stock valued at $25,000 after buying an additional 80 shares in the last quarter. Brooklyn Investment Group bought a new position in shares of Williams-Sonoma during the 3rd quarter valued at approximately $28,000. Heck Capital Advisors LLC purchased a new stake in Williams-Sonoma during the 4th quarter valued at $37,000. Kozak & Associates Inc. bought a new stake in Williams-Sonoma in the fourth quarter worth $39,000. Finally, Newbridge Financial Services Group Inc. purchased a new position in Williams-Sonoma during the fourth quarter worth $38,000. Institutional investors own 99.29% of the company’s stock.

Williams-Sonoma Stock Down 1.8 %

Shares of Williams-Sonoma stock opened at $171.90 on Wednesday. The company has a market cap of $21.16 billion, a P/E ratio of 20.33, a PEG ratio of 2.89 and a beta of 1.82. The firm’s 50 day moving average price is $198.96 and its 200-day moving average price is $171.92. Williams-Sonoma, Inc. has a 52-week low of $125.33 and a 52-week high of $219.98.

Insider Buying and Selling at Williams-Sonoma

In related news, CFO Jeffrey Howie sold 1,408 shares of Williams-Sonoma stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $194.32, for a total transaction of $273,602.56. Following the completion of the transaction, the chief financial officer now directly owns 46,388 shares in the company, valued at approximately $9,014,116.16. This trade represents a 2.95 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Laura Alber sold 45,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $207.76, for a total value of $9,349,200.00. Following the completion of the sale, the chief executive officer now owns 944,666 shares in the company, valued at approximately $196,263,808.16. This represents a 4.55 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Morgan Stanley upped their price target on shares of Williams-Sonoma from $170.00 to $195.00 and gave the company an “equal weight” rating in a report on Tuesday, January 21st. Wells Fargo & Company boosted their target price on shares of Williams-Sonoma from $165.00 to $185.00 and gave the company an “equal weight” rating in a research note on Monday, January 6th. TD Cowen raised their price target on shares of Williams-Sonoma from $165.00 to $195.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Gordon Haskett raised shares of Williams-Sonoma to a “hold” rating in a research report on Thursday, February 13th. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $230.00 target price on shares of Williams-Sonoma in a research note on Monday. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $176.28.

Williams-Sonoma Profile

Williams-Sonoma, Inc operates as an omni-channel specialty retailer of various products for home. It offers cooking, dining, and entertaining products, such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma Home brand, as well as home furnishings and decorative accessories under the Williams Sonoma lifestyle brand; and furniture, bedding, lighting, rugs, table essentials, and decorative accessories under the Pottery Barn brand.